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Awakening the giant of Africa: The clarion call
By Remigius Nnamdi Ekeh “Where there is love, there is neither prejudice nor war nor strive nor pains nor any evil at all. Love engenders peace and justice; and makes the bond between persons, groups and nations strong. Let us…
Factors that stoke runaway inflation in Nigeria
Sopuruchi Onwuka Rising insecurity at fishing hubs in the northern parts of the country is compounded by Ukrainian export holdup and rising petrol prices to push Nigeria’s inflation to pre-2005 highs, amplifying how Putin’s war decisions aggravated Buhari’s bad policies…
ExxonMobil-Seplat Deal: When regulator overrides the minister
Sopuruchi Onwuka The sturdy grip of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on the moves by the American multinational petroleum giant, ExxonMobil, to divest its Nigerian affiliate to indigenous independent energy firm, Seplat Energy Plc, has thrown up the…
Large explosions rock Russian military air base in Crimea
Powerful explosions rocked a Russian air base in Crimea and sent towering clouds of smoke over the landscape Tuesday in what may mark an escalation of the war in Ukraine. According to a story by Associated Press, at least one…
China ends military drills around Taiwan
China has declared conclusion of its military drills around Taiwan, deescalating tension in the regions after the visit of top US Congress official, Ms Nancy Pelosi who defied warnings from the Beijing against according the semi-autonomous neighbor a sovereign recognition….
AGM: Oando shareholders task govt on oil theft, insecurity
Sopuruchi Onwuka Owners of indigenous energy independent firm, Oando Plc, have required the government to explore workable partnerships in addressing the rising incidents of oil theft and facility vandalism in the petroleum industry. Representatives of shareholder blocs who spoke at…
FEC clears BPDL for N1.5 trn Badagry seaport project
Project to create 25,000 jobs Sopuruchi Onwuka The Badagry Port Development Limited (BPDL) has become the preferred government partner in the $2.59 billion or about N1.5 trillion Badagry Deep Seaport development project. The concession for the development of the facility…
NAEC Conference: Sylva, Kyari, Komolafe,Wabote , Others to Brainstorm on Future of Nigeria Oil Industry amid Energy Transition
The Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, would at the Annual International Conference of Association of Energy Correspondents of Nigeria…
Bonny Light Energy And Offshore Limited pledges supply of 60 m liters of Jet-A1
Indigenous fuel trader, Bonny Light Energy And Offshore Limited, has declared commitment to step into the fuel supply crisis rocking the nation’s aviation industry with solutions that guarantee 60 million liters of the product on monthly basis. According to a…
Israeli Iron Dome intercepted 97% of missiles fired by Islamic jihadists
Israeli Defence Forces (IDF) has declared that over 1000 missiles fired at the Jewish state by Islamic jihadists from Gaza in Palestine delivered minimal impact, explaining that most of them missed targets. The Oracle Today reports that Israel’s aerial territories…
